Why GOLD; Dollar Death & New BRICS Gold Currency, Q&A | Andy Schectman
Why GOLD; Dollar Death & New BRICS Gold Currency, Q&A | Andy Schectman
Soar Financially: 8-8-2024
Andy Schectman of Miles Franklin joins us at the Rule Symposium to discuss the decay of the US Dollar, the new BRICS currency "The Unit" which will be GOLD BACKED and answers audience questions.
We dive deep into the dealings of China in the silver market and other shenanigans by the big banks, including JP Morgan.
Chapters & Timestamps (AI generated):
00:00 Introduction
00:09 Erosion of the Dollar and Government Spending
00:25 New BRICs Settlement Currency
00:38 Special Coverage from the World Symposium
01:00 Introduction of Guests
01:14 Audience Questions
01:30 Precious Metals IRA and Exit Strategy
02:00 Benefits of Precious Metals IRA
02:37 Definition of IRA and Its Benefits
03:15 Undervaluation of Assets and Future Strategies
03:55 Market Trends and Precious Metals Allocation
04:36 Future of Precious Metals Market
05:00 Storage Business Potential
05:12 Importance of Storage and Brokerage Business
06:00 Future of Precious Metals Market Continued
06:50 Macro Questions: Gold and Silver Revaluation
08:00 Historical Perspective on Gold and Silver
09:00 Real Value of Gold and Silver
11:00 China and Bullion Banks
12:50 Importance of Gold to China
15:00 BRICs Currency and Project Enbridge
16:20 Project Enbridge and Central Bank Digital Currencies
17:50 Impact of New BRICs Currency on USD
19:00 Implications of New Settlement Currency
20:50 Transparency in Gold Holdings
22:00 Gold Revaluation Account
23:50 Repatriation of Gold by Countries
25:00 Project Enbridge and Cross-Border Payments
26:20 Impact on US Dollar
27:30 Presentation Highlights at Rule Symposium
29:00 Actions and Ramifications of US Policies
31:00 Resetting the System and Modern Monetary Theory
32:00 JP Morgan and Silver Price Target
33:50 JP Morgan's Role in Precious Metals Market
36:30 Interview with Chairman of Silver Institute
37:20 Closing Remarks and Call to Action